turned to Charlottesville, Va., research firm SNL for data to gauge the health of the 100 largest banks and thrifts. SNL supplied them with numbers for eight measures of financial health: return on average equity; net interest margin; nonperforming loans (NPLs)as a percentage of loans; nonperforming assets as percentage of assets; reserves as a percentage of NPLs; two capital ratios (Tier 1 and risk-based); and leverage ratio.
Forbes ranked the banks on each metric and averaged the individual ranks to determine an overall ranking of the best and worst banks.
Read on for a look at the ten worst banks on the list, starting with No. 100.